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The demand functions for Q1 and Q2 are:

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10. The demand functions for Q1 and Q2 are;Q1 = 5 ? 2p1 + p2;Q2 = 5 ? 2p2 + p1;There are 5 units of each good. What is the general equilibrium?

 

Paper#29505 | Written in 18-Jul-2015

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